Arco Vara AS (OTSE:ARC1T) LT-Debt-to-Total-Asset : 0.32 (As of Jun. 2024)

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What is Arco Vara AS LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Arco Vara AS's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.32.

Arco Vara AS's long-term debt to total assets ratio declined from Jun. 2023 (0.35) to Jun. 2024 (0.32). It may suggest that Arco Vara AS is progressively becoming less dependent on debt to grow their business.

Arco Vara AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Arco Vara AS's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Arco Vara AS LT-Debt-to-Total-Asset Chart

Arco Vara AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.21

0.26

0.16

0.32

0.19

Arco Vara AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.35	0.47	0.19	0.23	0.32

Arco Vara AS LT-Debt-to-Total-Asset Calculation

Arco Vara AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	6.689	/	35.19
	=	0.19

Arco Vara AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	12.331	/	39.021
	=	0.32

Arco Vara AS (OTSE:ARC1T) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Arco Vara AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arco Vara AS (OTSE:ARC1T) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Rotermanni 10, Tallinn, EST, 10111

Website

https://www.arcovara.com

Arco Vara AS is a real estate group in the Baltic States. The group is engaged in real estate development and services related to real estate. The main activity of the group is the development of complete living environments and related commercial real estate. In the development of the living environment, the completed homes are sold to the final consumer. The focus of the group is on the development of the residential real estate. The company operates in a single segment which is the construction and development segment. Its primary geographic markets are Estonia and Bulgaria.

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